According to the Ministry of China, a telephone conversation between Deputy Premier of the PRC State Council Liu He and US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer led to some positive results on the issue of resolving contradictions in bilateral trade between the US and China.
The parties exchanged plans for further actions and a schedule for the implementation of agreements reached by the heads of the United States and China. As you know, previously, US President Donald Trump and PRC Chairman Xi Jinping reached an agreement on measures aimed at ending the trade war.
The United States promised to suspend the introduction of a 25% duty on goods from China worth $ 200 billion for 90 days. During this period, countries must come to a final agreement.
